Perilla extract is a natural ingredient derived from the Perilla frutescens plant. It is widely used in the food and beverage industry for its health benefits and culinary uses. The global perilla extract market is expected to witness significant growth in the coming years. The increasing consumer demand for natural and organic products, along with the growing awareness about the health benefits of perilla extract, is driving the market growth. Additionally, the rising popularity of Asian cuisine and the use of perilla extract as a flavoring agent in various food products are further fueling market growth.
The Perilla extract market is projected to reach a value of US$ 1.15 billion by 2022, with a CAGR of 6.9% between 2023 and 2030.
Leading Companies in the Perilla extract Industry:
1) Shaanxi Undersun Biomedtech Co., Ltd.
Shaanxi Undersun Biomedtech Co., Ltd. was founded in 2004 and is headquartered in Xi'an, China. With over 500 employees, the company specializes in the research, development, and production of natural plant extracts. They operate in more than 30 countries and have established themselves as a leading player in the perilla extract market. One major key insight of the company is their commitment to quality and sustainability, ensuring that their products meet the highest standards.
SWOT Analysis:
Strength: Shaanxi Undersun Biomedtech Co., Ltd. has a strong research and development team, allowing them to continuously innovate and develop new products.
Weakness: The company heavily relies on the Chinese market, which may pose a risk if there are any changes in regulations or market conditions.
Opportunity: The increasing demand for natural and organic products presents a significant growth opportunity for the company.
Threats: Intense competition from other players in the market and the potential for counterfeit products could pose threats to the company's market share.
2) Tocris Bioscience (Bio-Techne Corporation)
Tocris Bioscience, a subsidiary of Bio-Techne Corporation, was founded in 1982 and is headquartered in Bristol, United Kingdom. With a global workforce of over 500 employees, the company specializes in the development and supply of high-quality reagents for life science research. They have a presence in more than 100 countries and offer a wide range of products, including perilla extract. One major key insight of the company is their strong focus on research and development, allowing them to provide innovative solutions to their customers.
SWOT Analysis:
Strength: Tocris Bioscience has a strong reputation for providing high-quality products and excellent customer service.
Weakness: The company's heavy reliance on the life science research market makes them vulnerable to changes in funding and research priorities.
Opportunity: The increasing demand for natural compounds in the pharmaceutical industry presents a growth opportunity for the company.
Threats: Intense competition from other suppliers of perilla extract and the potential for regulatory challenges in different markets could pose threats to the company's growth.
3) BioOrigin
BioOrigin is a company specializing in the production and distribution of natural ingredients for the food and beverage industry. Founded in 2008, the company is based in Montreal, Canada, and has a team of over 100 employees. They operate in multiple countries and have established themselves as a reliable supplier of perilla extract. One major key insight of the company is their commitment to sustainability and ethical sourcing practices.
SWOT Analysis:
Strength: BioOrigin has a strong network of suppliers, allowing them to ensure a consistent supply of high-quality perilla extract.
Weakness: The company's limited global presence compared to some of its competitors may hinder its growth potential.
Opportunity: The increasing consumer demand for natural and organic food products presents a growth opportunity for the company.
Threats: Intense competition from larger players in the market and potential fluctuations in raw material prices could pose threats to the company's profitability.
4) Nature's Sunshine Products, Inc.
Nature's Sunshine Products, Inc. was founded in 1972 and is headquartered in Lehi, Utah, United States. With a global workforce of over 1,000 employees, the company specializes in the manufacturing and distribution of natural health and wellness products. They operate in more than 40 countries and have a diverse product portfolio, including perilla extract. One major key insight of the company is their strong focus on quality control and product safety.
SWOT Analysis:
Strength: Nature's Sunshine Products, Inc. has a strong brand reputation and a loyal customer base.
Weakness: The company's heavy reliance on direct selling may limit its reach in certain markets.
Opportunity: The growing consumer interest in natural health and wellness products presents a significant growth opportunity for the company.
Threats: Intense competition from other players in the market and potential regulatory challenges could pose threats to the company's market share.
5) Organic Herb Inc.
Organic Herb Inc. was founded in 2004 and is headquartered in Changsha, China. With over 200 employees, the company specializes in the production and supply of organic herbal extracts. They operate in multiple countries and have established themselves as a trusted supplier of perilla extract. One major key insight of the company is their commitment to organic farming practices and sustainable sourcing.
SWOT Analysis:
Strength: Organic Herb Inc. has a strong focus on quality control and product safety, ensuring that their products meet the highest standards.
Weakness: The company's limited global presence compared to some of its competitors may hinder its growth potential.
Opportunity: The increasing consumer demand for organic and natural products presents a growth opportunity for the company.
Threats: Intense competition from larger players in the market and potential fluctuations in raw material prices could pose threats to the company's profitability.
6) Damin Foodstuff (Zhangzhou) Co., Ltd.
Damin Foodstuff (Zhangzhou) Co., Ltd. was founded in 1992 and is headquartered in Zhangzhou, China. With a workforce of over 1,000 employees, the company specializes in the production and distribution of food ingredients and additives. They operate in multiple countries and offer a wide range of products, including perilla extract. One major key insight of the company is their strong focus on product innovation and customer satisfaction.
SWOT Analysis:
Strength: Damin Foodstuff (Zhangzhou) Co., Ltd. has a strong distribution network, allowing them to reach a wide customer base.
Weakness: The company's heavy reliance on the Chinese market may limit its growth potential in other regions.
Opportunity: The increasing demand for natural food ingredients presents a growth opportunity for the company.
Threats: Intense competition from other suppliers of perilla extract and potential changes in regulations could pose threats to the company's market share.
7) Nutra Green Biotechnology Co., Ltd.
Nutra Green Biotechnology Co., Ltd. was founded in 2005 and is headquartered in Xian, China. With over 300 employees, the company specializes in the research, development, and production of natural plant extracts. They operate in multiple countries and have established themselves as a reliable supplier of perilla extract. One major key insight of the company is their commitment to sustainable farming practices and product quality.
SWOT Analysis:
Strength: Nutra Green Biotechnology Co., Ltd. has a strong research and development team, allowing them to continuously innovate and develop new products.
Weakness: The company's limited global presence compared to some of its competitors may hinder its growth potential.
Opportunity: The increasing consumer demand for natural and organic products presents a growth opportunity for the company.
Threats: Intense competition from larger players in the market and potential fluctuations in raw material prices could pose threats to the company's profitability.
8) Xian Yuensun Biological Technology Co., Ltd.
Xian Yuensun Biological Technology Co., Ltd. was founded in 2006 and is headquartered in Xian, China. With a workforce of over 200 employees, the company specializes in the production and supply of natural plant extracts. They operate in multiple countries and have established themselves as a trusted supplier of perilla extract. One major key insight of the company is their strong focus on product quality and customer satisfaction.
SWOT Analysis:
Strength: Xian Yuensun Biological Technology Co., Ltd. has a strong reputation for providing high-quality products and excellent customer service.
Weakness: The company's limited global presence compared to some of its competitors may hinder its growth potential.
Opportunity: The increasing demand for natural plant extracts presents a growth opportunity for the company.
Threats: Intense competition from other suppliers of perilla extract and potential changes in regulations could pose threats to the company's market share.
9) Guangxi Yiyuan Biotechnology Co., Ltd.
Guangxi Yiyuan Biotechnology Co., Ltd. was founded in 2008 and is headquartered in Nanning, China. With over 300 employees, the company specializes in the production and distribution of natural plant extracts. They operate in multiple countries and have established themselves as a reliable supplier of perilla extract. One major key insight of the company is their commitment to sustainable sourcing and product quality.
SWOT Analysis:
Strength: Guangxi Yiyuan Biotechnology Co., Ltd. has a strong network of suppliers, allowing them to ensure a consistent supply of high-quality perilla extract.
Weakness: The company's limited global presence compared to some of its competitors may hinder its growth potential.
Opportunity: The increasing consumer demand for natural and organic products presents a growth opportunity for the company.
Threats: Intense competition from larger players in the market and potential fluctuations in raw material prices could pose threats to the company's profitability.
10) Changsha Heking Bio-Tech Co., Ltd.
Changsha Heking Bio-Tech Co., Ltd. was founded in 2009 and is headquartered in Changsha, China. With a workforce of over 200 employees, the company specializes in the research, development, and production of natural plant extracts. They operate in multiple countries and have established themselves as a trusted supplier of perilla extract. One major key insight of the company is their strong focus on product innovation and quality control.
SWOT Analysis:
Strength: Changsha Heking Bio-Tech Co., Ltd. has a strong research and development team, allowing them to continuously innovate and develop new products.
Weakness: The company's limited global presence compared to some of its competitors may hinder its growth potential.
Opportunity: The increasing demand for natural plant extracts presents a growth opportunity for the company.
Threats: Intense competition from other suppliers of perilla extract and potential changes in regulations could pose threats to the company's market share.
11) Hangzhou Botanical Technology Co., Ltd.
Hangzhou Botanical Technology Co., Ltd. was founded in 2003 and is headquartered in Hangzhou, China. With over 300 employees, the company specializes in the production and distribution of natural plant extracts. They operate in multiple countries and have established themselves as a reliable supplier of perilla extract. One major key insight of the company is their commitment to sustainable farming practices and product quality.
SWOT Analysis:
Strength: Hangzhou Botanical Technology Co., Ltd. has a strong reputation for providing high-quality products and excellent customer service.
Weakness: The company's limited global presence compared to some of its competitors may hinder its growth potential.
Opportunity: The increasing demand for natural plant extracts presents a growth opportunity for the company.
Threats: Intense competition from other suppliers of perilla extract and potential changes in regulations could pose threats to the company's market share.
12) Novoherb Technologies
Novoherb Technologies was founded in 2007 and is headquartered in Toronto, Canada. With a global workforce of over 100 employees, the company specializes in the research, development, and production of natural health and wellness products. They operate in multiple countries and offer a wide range of products, including perilla extract. One major key insight of the company is their strong focus on product innovation and customer satisfaction.
SWOT Analysis:
Strength: Novoherb Technologies has a strong research and development team, allowing them to continuously innovate and develop new products.
Weakness: The company's limited global presence compared to some of its competitors may hinder its growth potential.
Opportunity: The increasing consumer demand for natural health and wellness products presents a growth opportunity for the company.
Threats: Intense competition from other players in the market and potential regulatory challenges could pose threats to the company's market share.
13) Jiangsu Changhai Food Additive Co., Ltd.
Jiangsu Changhai Food Additive Co., Ltd. was founded in 2002 and is headquartered in Jiangsu, China. With over 500 employees, the company specializes in the production and distribution of food additives and ingredients. They operate in multiple countries and have established themselves as a reliable supplier of perilla extract. One major key insight of the company is their strong focus on product quality and customer satisfaction.
SWOT Analysis:
Strength: Jiangsu Changhai Food Additive Co., Ltd. has a strong distribution network, allowing them to reach a wide customer base.
Weakness: The company's heavy reliance on the Chinese market may limit its growth potential in other regions.
Opportunity: The increasing demand for natural food ingredients presents a growth opportunity for the company.
Threats: Intense competition from other suppliers of perilla extract and potential changes in regulations could pose threats to the company's market share.
14) Xian Sost Biological Science & Technology Co., Ltd.
Xian Sost Biological Science & Technology Co., Ltd. was founded in 2008 and is headquartered in Xian, China. With a workforce of over 200 employees, the company specializes in the production and supply of natural plant extracts. They operate in multiple countries and have established themselves as a trusted supplier of perilla extract. One major key insight of the company is their commitment to sustainable sourcing and product quality.
SWOT Analysis:
Strength: Xian Sost Biological Science & Technology Co., Ltd. has a strong reputation for providing high-quality products and excellent customer service.
Weakness: The company's limited global presence compared to some of its competitors may hinder its growth potential.
Opportunity: The increasing demand for natural plant extracts presents a growth opportunity for the company.
Threats: Intense competition from larger players in the market and potential fluctuations in raw material prices could pose threats to the company's profitability.
15) Xi'an Plant Bio-Engineering Co., Ltd.
Xi'an Plant Bio-Engineering Co., Ltd. was founded in 2001 and is headquartered in Xian, China. With over 500 employees, the company specializes in the production and distribution of natural plant extracts. They operate in multiple countries and have established themselves as a reliable supplier of perilla extract. One major key insight of the company is their commitment to sustainable farming practices and product quality.
SWOT Analysis:
Strength: Xi'an Plant Bio-Engineering Co., Ltd. has a strong network of suppliers, allowing them to ensure a consistent supply of high-quality perilla extract.
Weakness: The company's limited global presence compared to some of its competitors may hinder its growth potential.
Opportunity: The increasing consumer demand for natural and organic products presents a growth opportunity for the company.
Threats: Intense competition from larger players in the market and potential fluctuations in raw material prices could pose threats to the company's profitability.
